FirmaIQ
Org.nr 914 807 077 2022 → 2023 Year-over-year analysis

A/S Norske Shell: årsregnskap 2023 vs 2022

Shrank 44% on revenue, weaker earnings

approved 2024-04-10; registry 2024-04-27; journal 2024 379447

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2023 with 2022 for A/S Norske Shell. Revenue 69.66bn NOK → 38.84bn NOK (-44.2%). Net result +9.23bn NOK → +4.94bn NOK. Equity 1.18bn NOK → 1.15bn NOK.

Pressures included: revenue fell; operating result weakened; net result weakened.

Also worth watching: book investments changed. All figures are taken from the published annual accounts for A/S Norske Shell.

At a glance

Scorecard

Revenue
69.66bn NOK 38.84bn NOK
-44.2%
Operating result
+38.53bn NOK +23.25bn NOK
-39.7%
Net result
+9.23bn NOK +4.94bn NOK
-46.5%
Equity
1.18bn NOK 1.15bn NOK
-2.8%
Cash
279.00m NOK 189.00m NOK
-32.3%
Total assets
38.78bn NOK 29.22bn NOK
-24.7%

What deteriorated

  • ↓

    Revenue fell

    Operating income / revenue moved from 69.66bn NOK to 38.84bn NOK (-44.2% YoY). Calculated

  • ↓

    Operating result weakened

    Operating result +38.53bn NOK → +23.25bn NOK (op. margin 55.3% → 59.9%). Calculated

  • ↓

    Net result weakened

    Net result +9.23bn NOK → +4.94bn NOK (net margin 13.3% → 12.7%). Calculated

  • ↓

    Equity eroded

    Book equity 1.18bn NOK → 1.15bn NOK (equity ratio 3.0% → 3.9%). Calculated

  • ↓

    Cash fell

    Bank deposits 279.00m NOK → 189.00m NOK (-32.3% YoY). Calculated

Things to notice

  • ·

    Book investments changed

    Investment / intangible book value 1.04bn NOK → 1.77bn NOK. Reported fact